S&P 500 Equal Weighted $RSP Outperforms Cap-Weighted $SPY by 108bps, YTD +18.8%

The S&P 500 Equal Weighted index represented by $RSP outperformed the S&P 500 index represented by $SPY by 108 basis points today. Year-to-date, the S&P 500 is up 18.8%, while the Equal Weighted S&P 500 is up 6.9%. The $RSP has been gaining momentum in July, widening the performance gap with $SPY since June.